IDEX stock is lower by 4.28% as the EV stock decreases $0.02 and underperforms the market A rating of 78 puts Ideanomics Inc (IDEX) near the top of the Software – Application industry according to InvestorsObserver. Ideanomics Inc’s score of 78 means it scores higher than 78% of stocks in the industry. Ideanomics Inc also received an overall rating of 54, putting it above 54% of all stocks. Software – Application is ranked 111 out of the 148 industries.
What do These Ratings Mean?
Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 54 would rank higher than 54 percent of all stocks.
This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in any industry with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.
What’s Happening With Ideanomics Inc Stock Today?
Ideanomics Inc (IDEX) stock is trading at $0.38 as of 12:10 PM on Thursday, Sep 22, a decline of -$0.02, or -4.28% from the previous closing price of $0.40. The stock has traded between $0.38 and $0.39 so far today. Volume today is light. So far 3,144,105 shares have traded compared to average volume of 4,774,696 shares.
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